Exhibit 99.1

NEWS RELEASE

te.com

TE Connectivity announces first quarter results for fiscal year 2026
Exceeds guidance with 22% sales growth and over 30% EPS growth year over year

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GALWAY, Ireland – Jan. 21, 2026 – TE Connectivity plc (NYSE: TEL) today reported results for the fiscal first quarter ended Dec. 26, 2025.

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First Quarter Highlights

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● | Net sales were $4.7 billion, an increase of 22% on a reported basis year over year, driven by growth in both the Industrial and Transportation segments, and 15% organically.

● | GAAP diluted earnings per share (EPS) from continuing operations was $2.53, an increase of 45% year over year. Adjusted EPS was $2.72, an increase of 33% year over year.

● | GAAP operating margin was 20.6%, an increase of 260 basis points year over year. Adjusted operating margin expanded 180 basis points year over year to 22.2%, driven by strong operational performance across both segments.

● | Record orders of $5.1 billion, an increase of 28% year over year and 9% sequentially.

● | Cash flow from operating activities was $865 million and free cash flow was $608 million, with $615 million returned to shareholders.

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“Our teams delivered strongly against our strategy, resulting in first quarter earnings growth over 30% and sales growth of more than 20%, both of which were above our guidance and driven by growth in both segments,” said CEO Terrence Curtin. “We continue to benefit from a broadening of growth from our investments in data and power connectivity in key applications such as AI, energy grid hardening and next generation vehicles that are driving our auto content growth above market. Our positioning and team execution resulted in record quarterly orders of over $5 billion, setting up TE for another year of strong growth and margin expansion.

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“We expect double-digit sales and adjusted earnings growth again in our second quarter as our teams continue to innovate with our customers to ensure next generation technologies are brought to life.”

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Second Quarter FY26 Outlook

For the second quarter of fiscal 2026, the company expects sales of approximately $4.7 billion, an increase of 13% on a reported basis and 6% organically year over year. Adjusted EPS is expected to be approximately $2.65, up 20% year over year. GAAP EPS from continuing operations is expected to be approximately $2.26.

Beginning in fiscal 2026, the company is excluding amortization expense on intangible assets and, if applicable, the related tax effects from its calculation of certain non-GAAP measures.

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Information about TE Connectivity's use of non-GAAP financial measures is provided below. For reconciliations of these non-GAAP financial measures, see the attached tables.

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Conference Call and Webcast

The company will hold a conference call for investors today beginning at 8:30 a.m. ET. The conference call may be accessed in the following ways:

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●At TE Connectivity's website: investors.te.com
●By telephone: For both "listen-only" participants and those participants who wish to take part in the question-and-answer portion of the call, the dial-in number in the United States is (800) 715-9871 and for international callers, the dial-in number is (646) 307-1963.
●A replay of the conference call will be available on TE Connectivity’s investor website at investors.te.com at 11:30 a.m. ET on Jan. 21.

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About TE Connectivity

TE Connectivity plc (NYSE: TEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. As a trusted innovation partner, our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, energy networks, automated factories, data centers enabling artificial intelligence, and more. Our more than 90,000 employees, including 10,000 engineers, work alongside customers in approximately 130 countries. In a world that is racing ahead, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Instagram.

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Non-GAAP Financial Measures

We present non-GAAP performance and liquidity measures as we believe it is appropriate for investors to consider adjusted financial measures in addition to results in accordance with accounting principles generally accepted in the U.S. (“GAAP”). These non-GAAP financial measures provide supplemental information and should not be considered replacements for results in accordance with GAAP. Management uses non-GAAP financial measures internally for planning and forecasting purposes and in its decision-making processes related to the operations of our company. We believe these measures provide meaningful information to us and investors because they enhance the understanding of our operating performance, ability to generate cash, and the trends of our business. Additionally, we believe that investors benefit from having access to the same financial measures that management uses in evaluating our operations. The primary limitation of these measures is that they exclude the financial impact of items that would otherwise either increase or decrease our reported results. This limitation is best addressed by using these non-GAAP financial measures in combination with the most directly comparable GAAP financial measures in order to better understand the amounts, character, and impact of any increase or decrease in reported amounts. These non-GAAP financial measures may not be comparable to similarly-titled measures reported by other companies.

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The following provides additional information regarding our non-GAAP financial measures:

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•Organic Net Sales Growth (Decline) – represents net sales growth (decline) (the most comparable GAAP financial measure) excluding the impact of foreign currency exchange rates, and acquisitions and divestitures that occurred in the preceding twelve months, if any. Organic Net Sales Growth (Decline) is a useful measure of our performance because it excludes items that are not completely under management’s control, such as the impact of changes in foreign currency exchange rates, and items that do not reflect the underlying growth of the company, such as acquisition and divestiture activity. This measure is a significant component in our incentive compensation plans.

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•Adjusted Operating Income and Adjusted Operating Margin – represent operating income and operating margin, respectively, (the most comparable GAAP financial measures) before special items including restructuring and other charges, acquisition-related charges, amortization expense on intangible assets, impairment of goodwill, and other income or charges, if any. We utilize these adjusted measures in combination with operating income and operating margin to assess segment level operating performance and to provide insight to management in evaluating segment operating plan execution and market conditions. Adjusted Operating Income is a significant component in our incentive compensation plans.

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•Adjusted Income Tax (Expense) Benefit and Adjusted Effective Tax Rate – represent income tax (expense) benefit and effective tax rate, respectively, (the most comparable GAAP financial measures) after adjusting for the tax effect of special items including restructuring and other charges, acquisition-related charges, amortization expense on intangible assets, impairment of goodwill, other income or charges, and certain significant tax items, if any.

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•Adjusted Income from Continuing Operations – represents income from continuing operations (the most comparable GAAP financial measure) before special items including restructuring and other charges, acquisition-related charges, amortization expense on intangible assets, impairment of goodwill, other income or charges, and certain significant tax items, if any, and, if applicable, the related tax effects.

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•Adjusted Earnings Per Share – represents diluted earnings per share from continuing operations (the most comparable GAAP financial measure) before special items including restructuring and other charges, acquisition-related charges, amortization expense on intangible assets, impairment of goodwill, other income or charges, and certain significant tax items, if any, and, if applicable, the related tax effects. This measure is a significant component in our incentive compensation plans.

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•Free Cash Flow (FCF) – is a useful measure of our ability to generate cash. The difference between net cash provided by operating activities (the most comparable GAAP financial measure) and Free Cash Flow consists mainly of significant cash outflows and inflows that we believe are useful to identify. We believe Free Cash Flow provides useful information to investors as it provides insight into the primary cash flow metric used by management to monitor and evaluate cash flows generated from our operations. Free Cash Flow is defined as net cash provided by operating activities excluding voluntary pension contributions and the cash impact of special items, if any, minus net capital expenditures. Voluntary pension contributions are excluded from the GAAP financial measure because this activity is driven by economic financing decisions rather than operating activity. Certain special items, including cash paid (collected) pursuant to collateral requirements related to cross-currency swap contracts, are also excluded by management in evaluating Free Cash Flow. Net capital expenditures consist of capital expenditures less proceeds from the sale of property, plant, and equipment. These items are subtracted because they represent long-term commitments. In the calculation of Free Cash Flow, we subtract certain cash items that are ultimately within management’s and the Board of Directors’ discretion to direct and may imply that there is less or more cash available for our programs than the most comparable GAAP financial measure indicates. It should not be inferred that the entire Free Cash Flow amount is available for future discretionary expenditures, as our definition of Free Cash Flow does not consider certain non-discretionary expenditures, such as debt payments. In addition, we may have other discretionary expenditures, such as discretionary dividends, share repurchases, and business acquisitions, that are not considered in the calculation of Free Cash Flow.

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Forward-Looking Statements

This release contains certain "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. These statements are based on management's current expectations and are subject to risks, uncertainty and changes in circumstances, which may cause actual results, performance, financial condition or achievements to differ materially from anticipated results, performance, financial condition or achievements. All statements contained herein that are not clearly historical in nature are forward-looking and the words "anticipate," "believe," "expect," "estimate," "plan," and similar expressions are generally intended to identify forward-looking statements. We have no intention and are under no obligation to update or alter (and expressly disclaim any such intention or obligation to do so) our forward-looking statements whether as a result of new information, future events or otherwise, except to the extent required by law. The forward-looking statements in this release include statements addressing our future financial condition and operating results. Examples of factors that could cause actual results to differ materially from those described in the forward-looking statements include, among others, the extent, severity and duration of business interruptions negatively affecting our business operations; business, economic, competitive and regulatory risks, such as conditions affecting demand for products in the automotive and other industries we serve; competition and pricing pressure; fluctuations in foreign currency exchange rates and commodity prices; natural disasters and political, economic and military instability in countries in which we operate, including continuing military conflict in certain parts of the world; developments in the credit markets; future goodwill impairment; compliance with current and future environmental and other laws and regulations; and the possible effects on us of changes in

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tax laws, tax treaties and other legislation. More detailed information about these and other factors is set forth in TE Connectivity plc’s Annual Report on Form 10-K for the fiscal year ended Sept 26, 2025, as well as in our Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other reports filed by us with the U.S. Securities and Exchange Commission.

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Contacts: | Media Relations: Eric Mangan TE Connectivity 908-783-6629 Eric.Mangan@te.com | Investor Relations: Sujal Shah TE Connectivity 610-893-9790 Sujal.Shah@te.com

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TE CONNECTIVITY PLC

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

​ | ​ | ​ | ​ | ​ | ​
​ | For the Quarters Ended
​ | December 26, | ​ | December 27,
​ | 2025 | ​ | 2024
​ | (in millions, except per share data)
Net sales | $ | 4,669 | ​ | $ | 3,836
Cost of sales | ​ | 2,930 | ​ | ​ | 2,476
Gross margin | ​ | 1,739 | ​ | ​ | 1,360
Selling, general, and administrative expenses | ​ | 538 | ​ | ​ | 427
Research, development, and engineering expenses | ​ | 225 | ​ | ​ | 188
Acquisition and integration costs | ​ | 3 | ​ | ​ | 5
Restructuring and other charges, net | ​ | 10 | ​ | ​ | 50
Operating income | ​ | 963 | ​ | ​ | 690
Interest income | ​ | 25 | ​ | ​ | 23
Interest expense | ​ | (30) | ​ | ​ | (6)
Other income (expense), net | ​ | 3 | ​ | ​ | (1)
Income from continuing operations before income taxes | ​ | 961 | ​ | ​ | 706
Income tax expense | ​ | (210) | ​ | ​ | (178)
Income from continuing operations | ​ | 751 | ​ | ​ | 528
Loss from discontinued operations, net of income taxes | ​ | (1) | ​ | ​ | —
Net income | $ | 750 | ​ | $ | 528
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Basic earnings per share: | ​ | ​ | ​ | ​ | ​
Income from continuing operations | $ | 2.55 | ​ | $ | 1.77
Loss from discontinued operations | ​ | — | ​ | ​ | —
Net income | ​ | 2.55 | ​ | ​ | 1.77
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Diluted earnings per share: | ​ | ​ | ​ | ​ | ​
Income from continuing operations | $ | 2.53 | ​ | $ | 1.75
Loss from discontinued operations | ​ | — | ​ | ​ | —
Net income | ​ | 2.53 | ​ | ​ | 1.75
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Weighted-average number of shares outstanding: | ​ | ​ | ​ | ​ | ​
Basic | ​ | 294 | ​ | ​ | 299
Diluted | ​ | 297 | ​ | ​ | 301

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TE CONNECTIVITY PLC

CONSOLIDATED BALANCE SHEETS (UNAUDITED)

​ | ​ | ​ | ​ | ​ | ​
​ | December 26, | ​ | September 26,
​ | 2025 | ​ | 2025
​ | (in millions, except share data)
Assets | ​ | ​ | ​ | ​ | ​
Current assets: | ​ | ​ | ​ | ​ | ​
Cash and cash equivalents | $ | 1,251 | ​ | $ | 1,255
Accounts receivable, net of allowance for doubtful accounts of $48 and $44, respectively | ​ | 3,469 | ​ | ​ | 3,403
Inventories | ​ | 2,951 | ​ | ​ | 2,699
Prepaid expenses and other current assets | ​ | 697 | ​ | ​ | 609
Total current assets | ​ | 8,368 | ​ | ​ | 7,966
Property, plant, and equipment, net | ​ | 4,395 | ​ | ​ | 4,312
Goodwill | ​ | 7,162 | ​ | ​ | 7,126
Intangible assets, net | ​ | 2,177 | ​ | ​ | 2,227
Deferred income taxes | ​ | 2,429 | ​ | ​ | 2,507
Other assets | ​ | 1,021 | ​ | ​ | 943
Total assets | $ | 25,552 | ​ | $ | 25,081
Liabilities, redeemable noncontrolling interests, and shareholders' equity | ​ | ​ | ​ | ​ | ​
Current liabilities: | ​ | ​ | ​ | ​ | ​
Short-term debt | $ | 852 | ​ | $ | 852
Accounts payable | ​ | 2,149 | ​ | ​ | 2,021
Accrued and other current liabilities | ​ | 2,068 | ​ | ​ | 2,247
Total current liabilities | ​ | 5,069 | ​ | ​ | 5,120
Long-term debt | ​ | 4,856 | ​ | ​ | 4,842
Long-term pension and postretirement liabilities | ​ | 766 | ​ | ​ | 767
Deferred income taxes | ​ | 198 | ​ | ​ | 198
Income taxes | ​ | 441 | ​ | ​ | 414
Other liabilities | ​ | 1,086 | ​ | ​ | 1,010
Total liabilities | ​ | 12,416 | ​ | ​ | 12,351
Commitments and contingencies | ​ | ​ | ​ | ​ | ​
Redeemable noncontrolling interests | ​ | 149 | ​ | ​ | 145
Shareholders' equity: | ​ | ​ | ​ | ​ | ​
Preferred shares, $1.00 par value, 2 shares authorized, none outstanding | ​ | — | ​ | ​ | —
Ordinary class A shares, €1.00 par value, 25,000 shares authorized, none outstanding | ​ | — | ​ | ​ | —
Ordinary shares, $0.01 par value, 1,500,000,000 shares authorized, 303,796,785 and 302,889,075 shares issued, respectively | ​ | 3 | ​ | ​ | 3
Accumulated earnings | ​ | 14,543 | ​ | ​ | 13,932
Ordinary shares held in treasury, at cost, 10,086,721 and 8,330,931 shares, respectively | ​ | (1,762) | ​ | ​ | (1,356)
Accumulated other comprehensive income | ​ | 203 | ​ | ​ | 6
Total shareholders' equity | ​ | 12,987 | ​ | ​ | 12,585
Total liabilities, redeemable noncontrolling interests, and shareholders' equity | $ | 25,552 | ​ | $ | 25,081

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TE CONNECTIVITY PLC

CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

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​ | For the Quarters Ended
​ | December 26, | ​ | December 27,
​ | 2025 | ​ | 2024
​ | (in millions)
Cash flows from operating activities: | ​ | ​ | ​ | ​ | ​
Net income | $ | 750 | ​ | $ | 528
Loss from discontinued operations, net of income taxes | ​ | 1 | ​ | ​ | —
Income from continuing operations | ​ | 751 | ​ | ​ | 528
Adjustments to reconcile income from continuing operations to net cash provided by operating activities: | ​ | ​ | ​ | ​ | ​
Depreciation and amortization | ​ | 259 | ​ | ​ | 186
Deferred income taxes | ​ | 77 | ​ | ​ | 98
Non-cash lease cost | ​ | 39 | ​ | ​ | 34
Provision for losses on accounts receivable and inventories | ​ | 43 | ​ | ​ | 41
Share-based compensation expense | ​ | 50 | ​ | ​ | 35
Other | ​ | 4 | ​ | ​ | 12
Changes in assets and liabilities, net of the effects of acquisitions and divestitures: | ​ | ​ | ​ | ​ | ​
Accounts receivable, net | ​ | (79) | ​ | ​ | 146
Inventories | ​ | (301) | ​ | ​ | (118)
Prepaid expenses and other current assets | ​ | 20 | ​ | ​ | 68
Accounts payable | ​ | 139 | ​ | ​ | 150
Accrued and other current liabilities | ​ | (217) | ​ | ​ | (295)
Income taxes | ​ | 45 | ​ | ​ | 30
Other | ​ | 35 | ​ | ​ | (37)
Net cash provided by operating activities | ​ | 865 | ​ | ​ | 878
Cash flows from investing activities: | ​ | ​ | ​ | ​ | ​
Capital expenditures | ​ | (258) | ​ | ​ | (205)
Proceeds from sale of property, plant, and equipment | ​ | 1 | ​ | ​ | 1
Acquisition of businesses, net of cash acquired | ​ | — | ​ | ​ | (325)
Other | ​ | 3 | ​ | ​ | (8)
Net cash used in investing activities | ​ | (254) | ​ | ​ | (537)
Cash flows from financing activities: | ​ | ​ | ​ | ​ | ​
Net increase in commercial paper | ​ | — | ​ | ​ | 90
Proceeds from exercise of share options | ​ | 44 | ​ | ​ | 34
Repurchase of ordinary shares | ​ | (405) | ​ | ​ | (303)
Payment of ordinary share dividends to shareholders | ​ | (209) | ​ | ​ | (189)
Other | ​ | (46) | ​ | ​ | (27)
Net cash used in financing activities | ​ | (616) | ​ | ​ | (395)
Effect of currency translation on cash | ​ | 1 | ​ | ​ | (11)
Net decrease in cash, cash equivalents, and restricted cash | ​ | (4) | ​ | ​ | (65)
Cash, cash equivalents, and restricted cash at beginning of period | ​ | 1,255 | ​ | ​ | 1,319
Cash, cash equivalents, and restricted cash at end of period | $ | 1,251 | ​ | $ | 1,254
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Supplemental cash flow information: | ​ | ​ | ​ | ​ | ​
Income taxes paid, net of refunds | ​ | 88 | ​ | ​ | 49

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TE CONNECTIVITY PLC

RECONCILIATION OF FREE CASH FLOW (UNAUDITED)

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​ | For the Quarters Ended
​ | December 26, | ​ | December 27,
​ | 2025 | ​ | 2024
​ | (in millions)
Net cash provided by operating activities | $ | 865 | ​ | $ | 878
Capital expenditures, net | ​ | (257) | ​ | ​ | (204)
Free cash flow (1) | $ | 608 | ​ | $ | 674
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(1) Free cash flow is a non-GAAP financial measure. See description of non-GAAP financial measures.

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TE CONNECTIVITY PLC

SEGMENT DATA (UNAUDITED)

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​ | For the Quarters Ended | ​
​ | December 26, | ​ | ​ | December 27, | ​
​ | 2025 | ​ | ​ | 2024 | ​
​ | ($ in millions)
​ | Net Sales | ​ | ​ | ​ | ​ | Net Sales | ​ | ​ | ​
Transportation Solutions | $ | 2,467 | ​ | ​ | ​ | ​ | $ | 2,243 | ​ | ​ | ​
Industrial Solutions | ​ | 2,202 | ​ | ​ | ​ | ​ | ​ | 1,593 | ​ | ​ | ​
Total | $ | 4,669 | ​ | ​ | ​ | ​ | $ | 3,836 | ​ | ​ | ​
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​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | Operating | ​ | Operating | ​ | ​ | Operating | ​ | Operating | ​
​ | Income | ​ | Margin | ​ | ​ | Income | ​ | Margin | ​
Transportation Solutions | $ | 501 | ​ | 20.3 | % | ​ | $ | 446 | ​ | 19.9 | %
Industrial Solutions | ​ | 462 | ​ | 21.0 | ​ | ​ | ​ | 244 | ​ | 15.3 | ​
Total | $ | 963 | ​ | 20.6 | % | ​ | $ | 690 | ​ | 18.0 | %
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​ | Adjusted | ​ | Adjusted | ​ | ​ | Adjusted | ​ | Adjusted | ​
​ | Operating | ​ | Operating | ​ | ​ | Operating | ​ | Operating | ​
​ | Income (1) | ​ | Margin (1) | ​ | ​ | Income (1) | ​ | Margin (1) | ​
Transportation Solutions | $ | 523 | ​ | 21.2 | % | ​ | $ | 495 | ​ | 22.1 | %
Industrial Solutions | ​ | 513 | ​ | 23.3 | ​ | ​ | ​ | 289 | ​ | 18.1 | ​
Total | $ | 1,036 | ​ | 22.2 | % | ​ | $ | 784 | ​ | 20.4 | %
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(1) Adjusted operating income and adjusted operating margin are non-GAAP financial measures. See description of non-GAAP financial measures.

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TE CONNECTIVITY PLC

RECONCILIATION OF NET SALES GROWTH (DECLINE) (UNAUDITED)

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​ | Change in Net Sales for the Quarter Ended December 26, 2025
​ | versus Net Sales for the Quarter Ended December 27, 2024
​ | Net Sales | ​ | ​ | Organic Net Sales | ​ | ​ | ​ | ​ | ​
​ | Growth | ​ | ​ | Growth (Decline) (1) | ​ | ​ | Translation (2) | ​ | Acquisitions
​ | ($ in millions)
Transportation Solutions: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Automotive | $ | 163 | ​ | 9.5 | % | ​ | $ | 112 | ​ | 6.5 | % | ​ | $ | 51 | ​ | $ | —
Commercial transportation | ​ | 58 | ​ | 18.6 | ​ | ​ | ​ | 51 | ​ | 16.3 | ​ | ​ | ​ | 7 | ​ | ​ | —
Sensors | ​ | 3 | ​ | 1.4 | ​ | ​ | ​ | (5) | ​ | (2.3) | ​ | ​ | ​ | 8 | ​ | ​ | —
Total Transportation Solutions | ​ | 224 | ​ | 10.0 | ​ | ​ | ​ | 158 | ​ | 7.0 | ​ | ​ | ​ | 66 | ​ | ​ | —
Industrial Solutions: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Digital data networks | ​ | 294 | ​ | 71.2 | ​ | ​ | ​ | 288 | ​ | 69.7 | ​ | ​ | ​ | 6 | ​ | ​ | —
Automation and connected living | ​ | 70 | ​ | 14.6 | ​ | ​ | ​ | 55 | ​ | 11.6 | ​ | ​ | ​ | 14 | ​ | ​ | 1
Aerospace, defense, and marine | ​ | 47 | ​ | 14.1 | ​ | ​ | ​ | 36 | ​ | 10.9 | ​ | ​ | ​ | 11 | ​ | ​ | —
Energy | ​ | 190 | ​ | 88.0 | ​ | ​ | ​ | 32 | ​ | 14.6 | ​ | ​ | ​ | 7 | ​ | ​ | 151
Medical | ​ | 8 | ​ | 5.3 | ​ | ​ | ​ | 8 | ​ | 5.3 | ​ | ​ | ​ | — | ​ | ​ | —
Total Industrial Solutions | ​ | 609 | ​ | 38.2 | ​ | ​ | ​ | 419 | ​ | 26.3 | ​ | ​ | ​ | 38 | ​ | ​ | 152
Total | $ | 833 | ​ | 21.7 | % | ​ | $ | 577 | ​ | 15.0 | % | ​ | $ | 104 | ​ | $ | 152
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(1) Organic net sales growth (decline) is a non-GAAP financial measure. See description of non-GAAP financial measures.
(2) Represents the change in net sales resulting from changes in foreign currency exchange rates.

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TE CONNECTIVITY PLC

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES

For the Quarter Ended December 26, 2025

(UNAUDITED)

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​ | ​ | ​ | ​ | ​ | Adjustments | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Acquisition- | ​ | Restructuring | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Related | ​ | and Other | ​ | Amortization | ​ | Adjusted | ​
​ | U.S. GAAP | ​ | ​ | Charges (1) | ​ | Charges, Net (1) | ​ | Expense (1) | ​ | (Non-GAAP) (2) | ​
​ | ($ in millions, except per share data) | ​
Operating income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Transportation Solutions | $ | 501 | ​ | ​ | $ | — | ​ | $ | 4 | ​ | $ | 18 | ​ | $ | 523 | ​
Industrial Solutions | ​ | 462 | ​ | ​ | ​ | 6 | ​ | ​ | 6 | ​ | ​ | 39 | ​ | ​ | 513 | ​
Total | $ | 963 | ​ | ​ | $ | 6 | ​ | $ | 10 | ​ | $ | 57 | ​ | $ | 1,036 | ​
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Operating margin | ​ | 20.6 | % | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 22.2 | %
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Income tax expense | $ | (210) | ​ | ​ | $ | (1) | ​ | $ | (3) | ​ | $ | (11) | ​ | $ | (225) | ​
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Effective tax rate | ​ | 21.9 | % | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 21.8 | %
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Income from continuing operations | $ | 751 | ​ | ​ | $ | 5 | ​ | $ | 7 | ​ | $ | 46 | ​ | $ | 809 | ​
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Diluted earnings per share from continuing operations | $ | 2.53 | ​ | ​ | $ | 0.02 | ​ | $ | 0.02 | ​ | $ | 0.15 | ​ | $ | 2.72 | ​
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(1) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for each such jurisdiction. | ​
(2) See description of non-GAAP financial measures. | ​

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TE CONNECTIVITY PLC

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES

For the Quarter Ended December 27, 2024

(UNAUDITED)

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​ | ​ | ​ | ​ | ​ | Adjustments | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Acquisition- | ​ | Restructuring | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Related | ​ | and Other | ​ | Amortization | ​ | ​ | ​ | Adjusted | ​
​ | U.S. GAAP | ​ | ​ | Charges (1) | ​ | Charges, Net (1) | ​ | Expense (1) | ​ | Tax Items (2) | ​ | (Non-GAAP) (3) | ​
​ | ($ in millions, except per share data) | ​
Operating income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Transportation Solutions | $ | 446 | ​ | ​ | $ | — | ​ | $ | 32 | ​ | $ | 17 | ​ | $ | — | ​ | $ | 495 | ​
Industrial Solutions | ​ | 244 | ​ | ​ | ​ | 5 | ​ | ​ | 18 | ​ | ​ | 22 | ​ | ​ | — | ​ | ​ | 289 | ​
Total | $ | 690 | ​ | ​ | $ | 5 | ​ | $ | 50 | ​ | $ | 39 | ​ | $ | — | ​ | $ | 784 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating margin | ​ | 18.0 | % | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 20.4 | %
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income tax expense | $ | (178) | ​ | ​ | $ | (1) | ​ | $ | (9) | ​ | $ | (7) | ​ | $ | 13 | ​ | $ | (182) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Effective tax rate | ​ | 25.2 | % | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 22.8 | %
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income from continuing operations | $ | 528 | ​ | ​ | $ | 4 | ​ | $ | 41 | ​ | $ | 32 | ​ | $ | 13 | ​ | $ | 618 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted earnings per share from continuing operations | $ | 1.75 | ​ | ​ | $ | 0.01 | ​ | $ | 0.14 | ​ | $ | 0.11 | ​ | $ | 0.04 | ​ | $ | 2.05 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(1) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for each such jurisdiction. | ​
(2) Represents income tax expense related to the revaluation of deferred tax assets as a result of a decrease in the corporate tax rate in a non-U.S. jurisdiction. | ​
(3) See description of non-GAAP financial measures. | ​

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TE CONNECTIVITY PLC

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES

For the Quarter Ended March 28, 2025

(UNAUDITED)

​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Adjustments | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Acquisition- | ​ | Restructuring | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Related | ​ | and Other | ​ | Amortization | ​ | ​ | ​ | Adjusted | ​
​ | U.S. GAAP | ​ | ​ | Charges (1) | ​ | Charges, Net (1) | ​ | Expense (1) | ​ | Tax Items (2) | ​ | (Non-GAAP) (3) | ​
​ | ($ in millions, except per share data) | ​
Operating income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Transportation Solutions | $ | 445 | ​ | ​ | $ | — | ​ | $ | 33 | ​ | $ | 17 | ​ | $ | — | ​ | $ | 495 | ​
Industrial Solutions | ​ | 303 | ​ | ​ | ​ | 12 | ​ | ​ | 12 | ​ | ​ | 24 | ​ | ​ | — | ​ | ​ | 351 | ​
Total | $ | 748 | ​ | ​ | $ | 12 | ​ | $ | 45 | ​ | $ | 41 | ​ | $ | — | ​ | $ | 846 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating margin | ​ | 18.1 | % | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 20.4 | %
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income tax expense | $ | (742) | ​ | ​ | $ | (2) | ​ | $ | (11) | ​ | $ | (8) | ​ | $ | 574 | ​ | $ | (189) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Effective tax rate | ​ | 98.3 | % | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 22.2 | %
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income from continuing operations | $ | 13 | ​ | ​ | $ | 10 | ​ | $ | 34 | ​ | $ | 33 | ​ | $ | 574 | ​ | $ | 664 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted earnings per share from continuing operations | $ | 0.04 | ​ | ​ | $ | 0.03 | ​ | $ | 0.11 | ​ | $ | 0.11 | ​ | $ | 1.91 | ​ | $ | 2.21 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(1) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for each such jurisdiction. | ​
(2) Represents income tax expense related to a net increase in the valuation allowance for certain deferred tax assets associated with a ten-year tax credit obtained by a Swiss subsidiary in fiscal 2024. | ​
(3) See description of non-GAAP financial measures. | ​

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TE CONNECTIVITY PLC

RECONCILIATION OF NON-GAAP FINANCIAL MEASURES TO GAAP FINANCIAL MEASURES

For the Year Ended September 26, 2025

(UNAUDITED)

​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | Adjustments | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Acquisition- | ​ | Restructuring | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | Related | ​ | and Other | ​ | Amortization | ​ | ​ | ​ | Adjusted | ​
​ | U.S. GAAP | ​ | ​ | Charges (1) | ​ | Charges, Net (1) | ​ | Expense (1) | ​ | Tax Items (2) | ​ | (Non-GAAP) (3) | ​
​ | ($ in millions, except per share data) | ​
Operating income: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Transportation Solutions | $ | 1,818 | ​ | ​ | $ | — | ​ | $ | 75 | ​ | $ | 70 | ​ | $ | — | ​ | $ | 1,963 | ​
Industrial Solutions | ​ | 1,393 | ​ | ​ | ​ | 57 | ​ | ​ | 51 | ​ | ​ | 120 | ​ | ​ | — | ​ | ​ | 1,621 | ​
Total | $ | 3,211 | ​ | ​ | $ | 57 | ​ | $ | 126 | ​ | $ | 190 | ​ | $ | — | ​ | $ | 3,584 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Operating margin | ​ | 18.6 | % | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 20.8 | %
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income tax expense | $ | (1,361) | ​ | ​ | $ | (12) | ​ | $ | (13) | ​ | $ | (37) | ​ | $ | 618 | ​ | $ | (805) | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Effective tax rate | ​ | 42.5 | % | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | 22.5 | %
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Income from continuing operations | $ | 1,843 | ​ | ​ | $ | 45 | ​ | $ | 113 | ​ | $ | 153 | ​ | $ | 618 | ​ | $ | 2,772 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Diluted earnings per share from continuing operations | $ | 6.16 | ​ | ​ | $ | 0.15 | ​ | $ | 0.38 | ​ | $ | 0.51 | ​ | $ | 2.07 | ​ | $ | 9.27 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
(1) The tax effect of each non-GAAP adjustment is calculated based on the jurisdictions in which the expense (income) is incurred and the tax laws in effect for each such jurisdiction. | ​
(2) Represents income tax expense of $574 million related to a net increase in the valuation allowance for certain deferred tax assets associated with a ten-year tax credit obtained by a Swiss subsidiary in fiscal 2024 as well as income tax expense of $44 million related to an increase in the valuation allowance for certain U.S. tax loss and credit carryforwards. | ​
(3) See description of non-GAAP financial measures. | ​

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TE CONNECTIVITY PLC

RECONCILIATION OF FORWARD-LOOKING NON-GAAP FINANCIAL MEASURES

TO FORWARD-LOOKING GAAP FINANCIAL MEASURES

As of January 21, 2026

(UNAUDITED)

​ | ​ | ​ | ​
​ | Outlook for | ​
​ | Quarter Ending | ​
​ | March 27, | ​
​ | 2026 | ​
Diluted earnings per share from continuing operations | $ | 2.26 | ​
Acquisition-related charges | ​ | 0.01 | ​
Restructuring and other charges, net | ​ | 0.23 | ​
Amortization expense | ​ | 0.15 | ​
Adjusted diluted earnings per share from continuing operations (1) | $ | 2.65 | ​
​ | ​ | ​ | ​
​ | ​ | ​ | ​
Net sales growth | ​ | 13.4 | %
Translation | ​ | (4.3) | ​
(Acquisitions) divestitures, net | ​ | (2.9) | ​
Organic net sales growth (1) | ​ | 6.2 | %
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(1) See description of non-GAAP financial measures.

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